I wanted to ask the same.
- #622
- Apr 17, 2013 7:12pm Apr 17, 2013 7:12pm
- | Joined Apr 2010 | Status: Trader | 1,401 Posts
All trades today were early entries with 4 trix tf harmony(5 fast, 15 fast,15 slow, 30 fast)established. All went $ 50 to $70 in profit then BE set or best BE I can set with SL script I drag on screen for fast SL set. I don't like posting my trades that are not per exact rules. I don't want to confuse traders that may be new to trading. If you make 1 trade a day for 20 days and you are consistent with Lot size and TP and SL and win 11 and lose 9 trades it would be considered a profitable system. I made 24 % last month and I am up 20% this month. Yes original rules state several exit strategies, color change of HA candles or color change of 5 slow trix at close of candle only for longer trades. I added the smoothed Heiken Ashi candles for possible longer trends. My best advice is when in profit stay in profit, my goal is not the biggest trade but consistent growth. I would rather make 4 dollars and close trade and re-enter market again then go negative.
My buy and sell stop script is set at 15 sl and 15 TP for 1 lot, I adjust SL immediately when I set script to retrace level then adjust TP to same distance minus spread.
Hope this helps.
My buy and sell stop script is set at 15 sl and 15 TP for 1 lot, I adjust SL immediately when I set script to retrace level then adjust TP to same distance minus spread.
Hope this helps.
Do you have a specific technical criteria for setting BE ? HA color change maybe ?
- #628
- Apr 18, 2013 5:07pm Apr 18, 2013 5:07pm
- | Joined Apr 2010 | Status: Trader | 1,401 Posts
Here you go! Good luck!JTee1, where can I find the SL and TP drag and drop script?
- #629
- Apr 18, 2013 5:26pm Apr 18, 2013 5:26pm
- | Joined Apr 2010 | Status: Trader | 1,401 Posts
Niepce on the FPV I don't use it as a trend filter for sell or buy I use the price bouncing off it or any other Support or resistance line then I respect it. What I like about the 4 tf harmony is price movement and it usually moves when there is harmony. I couldn't help but notice you are using the older template of 5Slow,15Fast,30Fast and 60Fast trix. I have been using the 5 slow 15 fast and slow and 30 fast trix. I get more trades and usually in a little earlier on the good moves. But the old template has been real good to me also.
Can you send me another screen shot with mtf trick, and time of trade so I can evaluate prior highs and lows because mtf trix and prior price action is the heart of the system.
Best of luck!
Can you send me another screen shot with mtf trick, and time of trade so I can evaluate prior highs and lows because mtf trix and prior price action is the heart of the system.
Best of luck!
Thanks a lot Jteee. I have another question Do you consider the FPV line to be a trend filter at all ? ie if price above FPV, only take longs, if below, only shorts ? And basically, would you avoid this EJ setup (see scrshot) ? FPV to close too price imo ? {image}
- #634
- Apr 30, 2013 7:31pm Apr 30, 2013 7:31pm
- | Joined Apr 2010 | Status: Trader | 1,401 Posts
Hello,I'm glad that traders like you give your system free for testing and download. Test thy system a few months and is really profitable and it works. Demo and make your own decision.
However, if the rules. :-) Test it on E / U, A / U, G / U So it took me a while before I fully understood it and focused in different versions. I trade E/U only.
Suppose combined with each different version is probably not perfect, that the different versions are configured so that together corresponded. [color=red]Yes they...
- #640
- Edited May 4, 2013 4:46am May 3, 2013 5:00pm | Edited May 4, 2013 4:46am
- | Joined Apr 2010 | Status: Trader | 1,401 Posts